JenRz

HCC (coal stocks) For the Upside

Long
JenRz Updated   
NYSE:HCC   Warrior Met Coal, Inc.
Ok, so in meditation I last week (the 22nd, actually) I was definitely given that "coal stocks" are a buy. I made a list and HCC was where the pendulum swung to along with BHP (it looks horrible tho fyi).
I don't think you get a low in BHP until October.
There's another stock ARCH that's heavily heavily shorted as I understand it. It's been doing really well.
So I like that they're in the energy sector and I feel like have been under the radar as they've been in a great uptrend this year, but I seldom hear anyone talk about them.
Comment:
I have that this could reverse more than I'm comfortable with next week, so I'm taking profits. Up over 10% today, and more yesterday.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.